About Us

We accelerate delivery of key infrastructure projects in support of Gauteng Employment Growth and Development Strategy (GEGDS) through project development, finance and partnerships.

WHAT WE DO

  • Sources strategic infrastructure projects from provincial departments, municipalities and agencies that require alternative funding.
  • Conducts feasibility studies on infrastructure projects to determine the likelihood of success.
  • Provides innovative funding mechanisms for financing strategic infrastructure projects.
  • Mobilises investors and developers to finance and implement developed projects.

MISSION

  • To set up a central point of coordination for all strategic infrastructure projects in the province
  • To identify bankable infrastructure projects through project filtration criteria and feasibility studies
  • To explore various funding mix through research on local and international best practices in project finance
  • To mobilise potential investors to support identified and approved infrastructure projects that are not funded through own Revenue Fund & to monitor the implementation of infrastructure projects through successful contractual relationships between GPG departments and investors.

 

VALUE PROPOSITION

  • GIFA is a Centre of Excellence that provides innovative financing solutions.
  • GIFA is a “One-stop Service” that has skills, expertise & experience in infrastructure development and structured finance
  • GIFA converts projects from concepts or ideas into bankable proposals & business cases.
  • GIFA attracts funding from the investor community & development finance institutions locally & internationally.

 

LEGISLATIVE MANDATE

  • The GIFA is established as a government component in terms of section 7(5)(d) of the Public Service Act, 1994 following the President’s Proclamation No. 69 of 2014 (Government Gazette No. 38088), within the portfolio of the MEC responsible for Finance in the Province with effect from 17 October 2014.
  • The Premier of Gauteng Province proclaimed the Administration and Operations of the GIFA in the General Notice that was published on 13 July 2015 in the Provincial Gazette. PART 2 of the General Notice outlines the objectives, functions and powers of GIFA.